The Fed Policy Committee Gets Four New Voters. How They Lean on Rates.
Fed Chair Powell has signaled a slower pace of interest-rate decreases in 2025. These voters rotating in could help shape ...
Sticky inflation creates rift at Fed over how much to cut rates
Which of these views prevails will depend, of course, on how much inflation slows in the next year. If the recent upturn in inflation proves to be a blip, the Fed could increase the number of rate ...
The Fed avoided a recession in 2024. But it couldn't shake inflation.
The Federal Reserve did what many thought it couldn’t achieve in 2024, and yet in one respect it still ended the year the way it started — worried about stubborn price pressures.
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Elon Musk’s D.O.G.E is coming after the Federal Reserve as it scrambles to explain last week’s hawkish cut
Elon Musk has set his sights on the Federal Reserve, calling it “absurdly overstaffed” in a post on X (formerly Twitter). The ...
Gold extends gains after US inflation data eases rate cut worries
Spot gold gained 0.4% to $2,631.89 per ounce by 0734 GMT, rising for a third straight session after bullion prices hit their ...
The Globe and Mail5d
Stocks Set to Open Mixed as Bond Yields Climb, U.S. Economic Data in Focus
Riley Wealth. San Francisco Fed President Mary Daly stated on Friday that the U.S. central bank’s decision to cut interest rates by a quarter percentage point at the December meeting was a “close call ...
SF Fed’s Daly Says December Rate Cut Was Justified
A quarter-point cut this month was the right move to avoid an overly hawkish stance that would threaten a serious economic ...
ThePrint5d
Gold edges lower in thin trade as dollar firms
Gold prices eased on Monday on a firmer dollar, in thin, holiday-season trade and as investors sought further clues on the ...
cryptopolitan5d
Fed’s Mary Daly discusses AI and its impact on US Productivity
Mary Daly was a young economist at the Federal Reserve Bank of San Francisco in the late 1990s, helping then-chair Alan ...
Zawya6d
Gold firms in thin trade as investors weigh Fed outlook
Spot gold added 0.3% at $2,628.63 per ounce, as of 0941 GMT, trading in a narrow $16 range. U.S. gold futures eased 0.1% to ...
Fed’s Daly Reveals Her Bullishness for AI-Driven Productivity
Mary Daly was a young economist at the Federal Reserve Bank of San Francisco in the late 1990s when she helped then-Chair ...